Which of the following is not one of the five Methods of Measuring Depreciation?

The correct answer, which identifies a method that is not one of the five Methods of Measuring Depreciation, is based on the understanding of how depreciation is typically assessed in appraisal practice. The five recognized methods for measuring depreciation focus on tangible assets and their loss of value over time due to factors such as physical wear and tear, economic obsolescence, or functional obsolescence.

Sales Comparison is a method used to assess the value of a property based on recent sales of similar properties, which can inform depreciation through market perceptions. Capitalization of Rent Loss addresses the impact of loss in rental income due to factors affecting the property, reflecting how changes in income can inform depreciation value. Overall Age-Life is a concept used to estimate depreciation based on the ratio of the effective age of the property to its total economic life, allowing appraisers to understand how much life is consumed and thus how much value is lost.

Net Present Value, while a critical financial concept that evaluates the profitability of an investment by considering the present worth of future cash flows, does not serve as a method specifically for measuring physical or functional depreciation of an asset in appraisal settings. Instead, it relates more to investment analysis rather than assessing decline in value due to depreciation.